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Commodity Newsletter: Gold, Nickel, Zinc, Crude oil, Chili, Cardamom, Cocudakl

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Fed is going to be more accommodate with the printing presses, which is good for commodities and the European Central Bank also announced last week that they will basically have an open-ended bond buying program. That is also good for commodity prices moving higher. Crude oil has been rather flat in recent weeks and I am looking it’ll move downside soon with forming a V bottom, which usually indicates larger rallies and downwards ahead. And last, everyone know as I expect MCX Gold blasted Higher!

chilli ncdex

Looking very good opportunity in NCDEX Chili. You can sell it today. It can touch 4570-4551

cardamom mcx ncdex

MCX small players Go and sell Cardamom
It could hit 750 level
Short term target: 800

If you’re thinking for Buy Cocudakl then think again! I’m expecting totally different for it.

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